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Dhanalakshmi Bank revises interest rates

Kochi: Dhanalakshmi Bank has revised its deposit interest rates across various maturities in keeping with the existing market trends. The revised rates effective from March 9, 2009 are as follows.

Up to Rs.15 lakh — 15 days to 45 days, 4.75%; 46 days to 90 days, 5.50%; 91 days to 179 days, 7.00%; 180 days to less than 1 year, 8.00%; 1 year and above but less than 3 years, 9.00%; and 3 years and above up to & inclusive of 10 years, 8.50 %. Rs.15 lakh and above 7 days to 14 days, 3.50%; 15 days to 45 days, 3.50%; 46 days to 90 days, 4.50%; 91 days to 179 days, 6.00 %; 180 days to less than 1 year 7.50%; 1 year and above but less than 3 years, 8.50%; and 3 years and above up to & inclusive of 10 years, 8.00 %. Senior Citizens are eligible for an additional interest of 0.75% p.a.

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